Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: sirty143 on November 16, 2021, 10:26:10 AM

Title: Bank of England's Cunliffe: Crypto Threat to Financial Stability 'Getting Closer
Post by: sirty143 on November 16, 2021, 10:26:10 AM
(https://i.imgur.com/mR3QEW7m.jpg)

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth... See more for yourself here (https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/).

Your opinion is greatly appreciated.
Title: Re: Bank of England's Cunliffe: Crypto Threat to Financial Stability 'Getting Closer
Post by: Renampun on December 01, 2021, 08:46:48 PM
Quote from: sirty143 on November 16, 2021, 10:26:10 AM
(https://i.imgur.com/mR3QEW7m.jpg)

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth... See more for yourself here (https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/).

Your opinion is greatly appreciated.
The cryptocurrency was created as a solution to the current old-school financial system. those who say cryptocurrencies are a threat are a group of people who fear their bank business will no longer be of interest.
Title: Re: Bank of England's Cunliffe: Crypto Threat to Financial Stability 'Getting Closer
Post by: nightcloud on December 14, 2021, 03:42:20 AM
Quote from: Renampun on December 01, 2021, 08:46:48 PM
Quote from: sirty143 on November 16, 2021, 10:26:10 AM
(https://i.imgur.com/mR3QEW7m.jpg)

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth... See more for yourself here (https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/).

Your opinion is greatly appreciated.
The cryptocurrency was created as a solution to the current old-school financial system. those who say cryptocurrencies are a threat are a group of people who fear their bank business will no longer be of interest.
I strongly agree with this opinion, because crypto is not solely owned by a few percent of people who rule this world. and this is clearly a form of disruption, and those who refuse are certainly afraid of system updates in the world.